Day4 Energy Announces the Successful Completion of Two Major Photovoltaic (PV) Projects in Germany

• A 1.8MW PV power plant located in Niedereschach-Fischbach and a 715kW PV power plant in Zimmern, Germany

• Both projects were constructed in just 6 weeks, representing a significant achievement that demonstrates the project construction and management capabilities of Day4 Energy

News Release

Watch a Time Lapse Video of the Zimmern Project Installation (1:31)

 

Burnaby, British Columbia — July 13, 2010 — Day4 Energy Inc. (TSX: DFE), a leading global provider of solar photovoltaic products and solutions, today announced it has completed the construction of two turnkey, ground-mounted photovoltaic power plants in Germany totaling over 2.5MW.

Built for a repeat customer of Day4 Energy, the 1.8MW Solarfarm Fischbach project in Niedereschach-Fischbach consists of 9,792 Day4 Energy 48 MC-S panels. Designed to produce enough power for over 500 households, this project will contribute to the reduction of approximately 1,170 tons of carbon-dioxide annually.

The second project recently competed was a 715kW installation built for Kreissparkasse Rottweil, a local savings bank in Germany. Comprising 3,920 Day4 Energy 48MC-S panels, the Energiepark Zimmern will produce enough electrical power for 200 households and will yield an annual reduction of approximately 464 tons of carbon-dioxide.

"The successful completion of these two projects, in particular the fact that it took just six weeks from construction commencement to grid connection, confirms Day4 Energy's outstanding project management expertise" noted George Rubin, President of Day4 Energy. "As we continue to develop and promote both our project management and turn-key manufacturing capabilities, Day4 Energy is establishing itself as a strong partner, and catalyst for the widespread adoption of solar photovoltaics in markets across the world" concluded Mr. Rubin.

Day4 Energy continues to grow its presence in the solar project market, and intends to scale its project development business model to markets outside of Germany, most notably Italy and Canada, in the coming year.

Additional details, including images of Solarfarm Fischback and Energiepark Zimmern, can be found on our website - www.day4energy.com

 

About Day4:

Headquartered in Vancouver, Canada, Day4 Energy is a leading global provider of solar photovoltaic products and solutions. Active in the areas of research & design, manufacturing, technology licensing and all aspects of project management, Day4 Energy is enabling the growth of solar energy throughout the world. Day4 is listed on the Toronto Stock Exchange under the symbol "DFE". For more information, please visit www.day4energy.com.

 

 

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Contacts

Investor Relations

Therese Hayes
Head, Corporate Development
Day4 Energy Inc.
(604) 345-6771
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Media and Public Relations

Justin K. Lacey
Director, Marketing
Day4 Energy Inc.
(604) 296-0449
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Forward Looking Statements:

This news release contains forward-looking information. These statements relate to future events or future performance and reflect management's current expectations and assumptions. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances.